Nifty predictions and stocks to buy for Nov 19, 2018

Last few days market/ nifty is moving up as expected.

On Friday Nov 16, 2018 Nifty opened at 10,644, made high of 10,682 and low of 10,631 and closed at 10682

Now what about Monday?

For Monday Nov 19th, 2018 my predictions for Nifty are as follows

Nifty can go down upto 10,630 approx and can go high upto 10,800

It can remain range bound for quite sometime in the area of 10,680 to 10,730

Nifty can close near 10,760


I have recommended few stocks to buy for positional trade when Nifty was around 10,000 but now they have moved up.

But you can accumulate following stocks on dips

ITC, Yes bank, Tata Motors - remember they can fall further so you have to buy in staggered way

You can also start accumulating CIPLA on dips for positional trade, it will move up in coming days

Reliance was recommended when it was near 1050 and below that but now it has moved up to 1127, so if you get chance to buy it below 1100 you can start accumulating for long term.

Tomorrow RBI meeting is there, any announcement or outcome can affect PSU  bank stocks.